HR1103: HR1103 State and local government; assist with reducing Wall Street landlord ownership of residential properties to help this state flourish

This resolution responds to a national campaign by the Neighborhood Assistance Corporation of America (NACA) against large institutional investors, sometimes called Wall Street landlords, that own big shares of rental housing in various communities. The resolution says these investors are driving up rents and making it harder for people to buy homes. The resolution itself does not create any new law, program, or funding. It simply states that the Georgia House of Representatives encourages state and local governments to help reduce corporate landlord ownership of residential properties, to make housing more affordable, and to use their existing home rule powers (the authority local governments already have to manage their own affairs) to do so. It also directs the Clerk of the House to send copies of the resolution to the Secretary of State.

• Expresses the House's encouragement for state and local governments to reduce ownership of residential properties by large corporate 'Wall Street' landlords.
• States a goal of making housing more affordable across Georgia without creating any specific program, funding, or legal requirement.
• Encourages local governments to use their existing home rule powers, meaning their own authority to govern local matters, to pursue this goal.
• Directs the Clerk of the House of Representatives to send copies of the resolution to the Secretary of State.

The resolution speaks broadly to state and local government officials in Georgia, encouraging them to act, and references tenants and residents affected by large corporate landlords such as Blackstone and Invitation Homes, though it imposes no direct legal obligation on any group.

Because this is a resolution rather than a bill amending Georgia law, it carries no binding requirements or funding. Its practical effect is to put the House's position on record and signal support for future state or local action addressing corporate ownership of rental housing.

• The preamble (whereas clauses) cites a NACA campaign launched January 2, 2026, against Wall Street landlords driving up rents and undermining affordable homeownership.
• States that NACA has informed 70,000 tenants in Georgia that their landlords are large corporate investors, including Blackstone and Invitation Homes.
• References the Neighborhood Ownership, Accountability, and Transparency Act, described as requiring Wall Street landlords to sell properties to owner-occupants on affordable terms.
• The resolving clause encourages Georgia state and local governments to help reduce Wall Street landlord ownership and to use home rule powers to make housing affordable.
• Directs the Clerk of the House to distribute copies of the resolution to the Secretary of State.

1. 2026-02-02House Second Readers (House)
2. 2026-01-29House First Readers (House)
3. 2026-01-28House Hopper (House)

• El-Mahdi Holly (D, HD-116)Primary sponsor
• Angela Moore (D, HD-091)
• Billy Mitchell (D, HD-088)
• Anissa Jones (D, HD-143)
• Terry Cummings (D, HD-039)
• L.C. Myles (D, HD-126)

• housing affordability
• corporate landlords
• rental housing
• home rule
• tenant advocacy